Layoff Allowance Schedule Sample Clauses

Layoff Allowance Schedule. Layoff allowance pay for an employee terminated on account of reduction in force or medical termination shall be in accordance with the following schedule: Company Service Credit Allowance Pay Under 12 weeks No Allowance 12 weeks to 1 year Same proportion of 1 week’s pay as completed months of service are of 12 months 1 year to 3 years 1 week (or 40 hours) 3 years to 5 years 2 weeks (or 80 hours) 5 years to 7 years 3 weeks (or 120 hours) 7 years to 10 years 4 weeks (or 160 hours) 10 years 5 weeks (or 200 hours) 11 years or more Same as for 10 years plus 1 week (or 40 hours) for each added year of service
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Layoff Allowance Schedule. Layoff allowance pay for an employee terminated on account of reduction in force or medical termination as determined by the PPMD in accordance with 10CFR1046 permanent disqualifications shall be in accordance with the following schedule: Employer Service Credit Allowance Pay Under 12 weeks No Allowance 12 weeks to 1 year Same proportion of 1 week’s pay as completed months of service are of 12 months. 1 year to 5 years 1 week (or 40 hours) 5 years to 11 years 2 weeks (or 80 hours) 11 years or more 3 weeks (or 120 hours)
Sample 1
Layoff Allowance Schedule. Layoff allowance pay for an employee terminated on account of reduction in force or medical termination shall be in accordance with the following schedule: Company Service Credit Allowance Pay 1 full year or greater Severance equal to 1 week’s pay for each full year of Company Service up to 26 weeks Total Maximum Severance Benefit 26 weeks It is understood that an employee who receives a medical termination and is offered another position within the Company will not be eligible for a severance payment under this section.
Sample 1

Related to Layoff Allowance Schedule

  • Salary Schedule The scale of remuneration set out in Schedule "A" shall apply during the term of this Agreement. Any changes in salary rates or the classifications as outlined in Schedule "A" shall not be put into effect until the Union Business Representative has been consulted.

  • Vacation Schedule 1. Vacation periods shall be fixed by the Employer to suit the requirements of his business, but as far as possible and practicable, vacations will be given during the summer months, and for employees with school-age children, during the school vacations. Vacation periods shall be unbroken unless by mutual consent between Employer and employee, or where it is impractical. Grievances relating to this Section shall be subject to the Adjustment and Arbitration Procedure in this Agreement.

  • Recovery Schedule If the initial schedule or any current updates fail to reflect the Work’s actual plan or method of operation, or a contractual milestone date is more than fifteen (15) days behind, Owner may require that a recovery schedule for completion of the remaining Work be submitted. The Recovery Schedule must be submitted within seven (7) calendar days of Owner’s request. The Recovery Schedule shall describe in detail Construction Contractor’s plan to complete the remaining Work by the required Contract milestone date. The Recovery Schedule submitted shall meet the same requirements as the original Construction Schedule. The narrative submitted with the Recovery Schedule should describe in detail all changes that have been made to meet the Contract milestone dates.

  • Wage Schedule ‌ The pay rate (including increments and stated extras) as agreed to and hereinafter in this Schedule provided, shall be in effect during the term of the Agreement, from April 1, 2019 to March 31, 2022.

  • Compensation Schedule Except as otherwise provided herein, employees shall be compensated within the pay range assigned to the classification of the position in which they are employed and in accordance with the pertinent conditions of employment enumerated in this Agreement. Sec. 503 REGULAR PAY DAY: Employees shall be paid on or about the Friday following the end of the biweekly payroll period.

  • Flexible Work Schedule A flexible work schedule is any schedule that is not a regular, alternate, 9/80, or 4/10 work schedule and where the employee is not scheduled to work more than 40 hours in the "workweek" as defined in Subsections F. and H., below.

  • Budget Schedule Subrecipient agrees that the expenditures of any and all funds under this Contract will be in accordance with the Budget Schedule, a copy of which is attached hereto as Attachment C, and which by this reference is incorporated herein and made a part hereof as if fully set forth.

  • Salary Schedules (a) The salary schedules shall be incorporated into this Agreement as Appendix V.

  • Status of Salary Schedule The salary schedules are not to be construed as part of a teacher’s continuing contract. In the event a successor Agreement is not entered into prior to the expiration date of this Agreement, a teacher shall be compensated according to the previous year’s compensation until such time that a successor Agreement is executed.

  • Shift Schedule The words "shift schedule" when used in this Agreement shall mean a timetable of the shifts and off days assigned to a position or group of positions which commences at the beginning of a pay period and includes one complete rotation of said shifts.

Time is Money Join Law Insider Premium to draft better contracts faster.